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43
Please start preparing
posted 192 days ago by NeilS 192 days ago by NeilS +43 / -0

Just under 70% of all Treasury issuance is now short-term T-Bills. They mature in weeks.

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– gobby 2 points 191 days ago +2 / -0

Thank you for the thoughtful reply. You said to have savings, but what do you suggest one do with savings? Just leave it in the bank, or do something else with it? If the SHTF will it be safe? It's hard to know what to do. I agree about the other preparations, food, meds, etc. Just wise at any time, really.

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– Malachi3vs16 2 points 191 days ago +2 / -0

the “Uneducated Economist” https://www.youtube.com/watch?v=bRrLA1W03cA points out that stocks go down and housing prices go down in the near future, that means $ (Fed reserve Notes) the $ can buy more. So short term Treasury Bills could be all right, they would be in a Brokerage so if a bank went under, the Brokerage’s separate from the savings and is protected. This could be a reasonable wait and see how the economy goes into the summer 2026., and see where gold is by then.

For now, I like 5% savings in gold. if you can’t store at home, I like Equity Trust https://www.trustetc.com/. They are not JP Morgan or HSBC (ones to avoid!)

if in the spring or summer 2026 gold is down, you could have more, if gold is up then”doing good.”

Could cash ($, fed. reserve notes) be valuable in December 2026? I’m not sure maybe. I might save a $5, $10, $20 bill a week for the next 50 weeks and then in mid November 2026 if I need them then I’ve got them, stored in an envelope hidden in a bible book cover case (who looks to steal from there?,)

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– gobby 2 points 191 days ago +2 / -0

Haha. right. It would take a pretty cold heart to look to steal from a bible cover. I'd rather see them steal the bible and change their life. Thanks for the advice, fren.

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– Malachi3vs16 2 points 191 days ago +2 / -0

welcome, cheers to making it through, and Pres. Trump might have some surprises for us along the way, introducing Treasury Notes backed by national assets simultaneously as Fed res. notes continue to exist, letting the people sort through what they want, just one idea

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– gobby 2 points 190 days ago +2 / -0

I have no doubt he will. No doubt at all. Cheers.

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